Salary expanse depited in income statement? Amount of salary outstanding in the balanced sheets? amount of subscriptions outstanding in balance sheet ? deprication for furniture?

Salary expanse depited in income statement? Amount of salary outstanding in the balanced sheets? amount of subscriptions outstanding in balance sheet ? deprication for furniture? deprication of sport equ Transcribed Image Text: A moodle.nct.edu.om
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question
The accountant of the club furnishes the following particulars of the Club to
you:
Balance Sheet for the year ending 31st December 2019
Liabilities
OMR
Assets
OMR
Salary outstanding
2,500
Cash in hand
2,100
Capital fund
(Balancing figure)
Subscriptions
71,100
outstanding
4,500
Investments
15,000
Furniture
12,000
Sports equipments 40,000
73,600
73,600
Receipts and Payments account
Receipts
OMR
Payments
OMR
Balance b/d
2,100
Rent
9,500
Subscriptions
56,800 Salaries
25,000
Interest
400
Sundry expenses
3,500
Donation(General
purpose)
6,000
Investment purchased
25,000
Donation for building
fund
55,000 Newspapers
800
Sports equipments
purchased on 30-06-
Miscellaneous receipts 620
2019
30,000
Sale of old newspapers 200
Balance c/d
27,320
121,120
121,120
Additional information:
Subscriptions outstanding at the end of the year RO 6,500
Salaries outstanding at the end of the year amounts to RO 3,000
Depreciation for furniture is 10% and sports equipment is 20%
Note: Based on the above case, you are required to answer questions 35-
41 (7 Questions)

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